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Lloyd’s of London switches to remote trading after climate protests

Published by Wanda Rich

Posted on April 12, 2022

2 min read

· Last updated: February 8, 2026

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Protesters block entrances to Lloyd's of London during climate action - Global Banking & Finance Review
Activists from Extinction Rebellion block entrances to Lloyd's of London, demanding an end to fossil fuel insurance. This protest reflects the growing movement for climate action in finance.
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LONDON (Reuters) – Lloyds of London said on Tuesday it had advised its employees and market participants not to come to their City of London headquarters on Tuesday and was trading remotely after climate activists blocked several entrances to the building. Extinction Rebellion said more than 60 people had gathered at the insurance market’s flagship […]

LONDON (Reuters) – Lloyds of London said on Tuesday it had advised its employees and market participants not to come to their City of London headquarters on Tuesday and was trading remotely after climate activists blocked several entrances to the building.

Extinction Rebellion said more than 60 people had gathered at the insurance market’s flagship building to demand it “stop insuring fossil fuels including coal, tar sands, oil and gas.”

Protestors used superglue, chains and bike locks to block entrances with the aim of forcing Lloyd’s to close for the day, the group said. Climbers also scaled the outside of the building and dropped a banner which said ‘End fossil fuels now’.

“Lloyd’s supports safe and constructive engagement on climate change and we’re continuing to work to support a responsible transition,” a spokesperson for Lloyd’s said.

“In the interests of our people’s safety, we have advised corporation employees and market participants not to come to the building today. The market remains open and trading is continuing online using our remote capabilities.”

Police said they were aware of the protest and had officers at the scene.

The protest formed part of the climate activists’ “April Rebellion” which calls for further disruption across the country in order to push Britain to end all new fossil fuel investment.

(Reporting by Farouq Suleiman, Editing by Kylie MacLellan)

Frequently Asked Questions

What is Lloyd's of London?
Lloyd's of London is a specialist insurance market located in London, known for providing insurance and reinsurance services to various sectors, including marine, aviation, and energy.
What are climate activists?
Climate activists are individuals or groups advocating for action to address climate change, often through protests, campaigns, and public awareness efforts aimed at influencing policy and corporate behavior.
What is remote trading?
Remote trading refers to conducting financial transactions and trading activities online, allowing market participants to trade without being physically present at a trading venue.
What are fossil fuels?
Fossil fuels are natural resources such as coal, oil, and natural gas formed from the remains of ancient plants and animals, commonly used for energy production but associated with environmental concerns.
What is the role of insurance in climate change?
Insurance plays a critical role in climate change by providing coverage for risks associated with climate-related events, helping businesses and individuals recover from losses due to natural disasters.

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